The full trailer for the highly anticipated first movie in “The Hobbit” trilogy is finally here.

Peter Jackson returns to direct this epic tale of friendship, courage, and adventure. While the story centers around the Hobbit Bilbo Baggins, other characters like Gandolf the Grey and Gollum appear as well.

Fans of the trilogy and J.R.R. Tolkien’s novels can view the trailer below, and the film will be out in 3D on Dec. 14.